Nevada Makes Illegal Foreclosures Felony
from the article:
Responding to homeowner complaints, Nevada has become the first state in the nation to make illegally repossessing a home a felony, and may send bankers to jail for doing such. The new law was enacted after tens of thousands of homeowners complained to lawmakers about their homes being foreclosed without proof of ownership.
read more...
http://www.housingpredictor.com/2011/illegal-foreclosures-felony.html
85% No 
15%
from the article:
Let me describe a few of the photos. In one, two Baum employees are dressed like homeless people. One is holding a bottle of liquor. The other has a sign around her neck that reads: “3rd party squatter. I lost my home and I was never served.” My source said that “I was never served” is meant to mock “the typical excuse” of the homeowner trying to evade a foreclosure proceeding.
read more...
http://www.nytimes.com/2011/10/29/opinion/what-the-costumes-reveal.html?_r=4
..wow , what absolutely horrible peices of human crap.
That's kinda reminiscent of 1929, the end of the roaring twenties. When the fat cats were lighting cigars with hundred dollar bills and making fun of "dose poor soup-line bastards", right before their own world started collapsing and they began jumping out the windows. Because they weren't tough enough to make it.
We will continue to have problems with the banking system until there is accountability. Banks have been caught destroying loan documents and fabricating their own new documents to allow them to foreclose and take people's home, yet still no one has ever been arrested.
http://www.huffingtonpost.com/2011/07/20/wells-fargo-subprime-fraud_n_905198.html
It is not OK for corporate America to seal from the people at will.
Deb - 4 hours ago - blacklistednews.com
..not sure that qualifies as a redeeming quality though..
Business
Phillip - 5 hours ago - act.boldprogressives.org
the commodities futures modernization act signed by george w. bush which allowed sub-prime mortgages which weren't even approved by the CRA.
That was the main causes for the housing bubble burst,
but I'm sure most of you probably already knew this.
BoA drops debit fee !!!
from the article:
"
Following weeks of consumer protest, Bank of America announced today that it is dropping its plan to begin charging consumers a monthly $5 debit card fee. Bank of America’s decision demonstrates that consumers can have a big impact on banking industry practices by joining together and making their voices heard, according to Consumers Union, the advocacy arm of Consumer Reports.
“Consumers have the power to make the big banks back down from unfair practices if they raise their voices and vote with their feet and their dollars,” said Norma Garcia, manager of Consumers Union’s financial services program. “In the end, Bank of America understood that it risked losing too many valuable customers by charging an unfair debit card fee.'
read more...
http://www.consumersunion.org/pub/core_financial_services/018193.html
"Pamela Banks, senior policy counsel for Consumers Union. “While banks may come back with other fees in the future, they’ll be gauging public reaction carefully. Consumers should be on the lookout for new fees."
This is the tick..other hidden fees could be added.
"Reordering of checks." or Manipularion of transactions.
http://www.wisebread.com/banks-manipulate-your-transactions-may-charge-you-1750-overdraft-fee
I currently bank with US Bank. They do this. I'm done. I have found an option. I'm going to it tomorrow. This is legalized stealing.
I can see a class action lawsiut in my future.
B of A employees flood bank's rivals with resumes
from the article:
"Bank of America Corp employees are flooding rival companies with resumes as a major cost-cutting program gets under way at the second-largest U.S. bank."
read more...
http://in.reuters.com/article/2011/11/02/idINIndia-60275920111102
even their employees arent safe.
Here's a friendly little message from my former bank. I took all my business to the Credit Union, recently. This makes me think a lot of other people must have done the same.
You spoke, and we listened. Based on feedback we have received from our customers, Regions has eliminated the monthly $4 CheckCard fee as of November 1, 2011.
Any $4 CheckCard fee assessed in October will be automatically refunded to your account. You do not need to do anything to receive your refund; it will be credited to your account by Monday, November 7.
"We hope you will continue to enjoy all the features and benefits of your Regions relationship, including your Regions Visa® CheckCard. We would also be glad to discuss ways we can help you meet your other financial needs, so please visit your Regions branch or call us at 1-800-REGIONS (734-4667) and one of our friendly knowledgeable associates will be glad to speak with you.
As always, thank you for choosing Regions. We appreciate your business and are committed to providing you with the highest level of customer service."
HaHa!!!! Yeah, sure!
TD Bank adds $9 savings account fee, hikes others
from the article
"As other banks recoil from the customer wrath they faced after attempting to introduce debit card fees, TD Bank is rolling out a brand new fee and hiking others.Starting in December, TD Bank (TD) savings account customers who exceed six transactions in a billing cycle will pay a $9 fee each time they take money out of their account."
read more...
http://money.cnn.com/2011/11/02/pf/td_bank_fee/
__
i have a feeling that is going to go over like a lead balloon. good luck with that LOL.
hmmm! With interest on savings, being very low. Putting your money in a coffee can or your mattress looks like a better deal, than this bank! Just kidd'n! That's tone-deaf and pathetic on the bank's part! Give your local CU or FCU, your business. Hit the big banks where their pocketbook is, deposits!
Here's some info and how to find a Credit Union or Federal Credit Union in your area:
http://www.lovemycreditunion.org/
from the article:
"One of the tactics the 99 Percenters are using to take back the country from the 1 percent is to move their money from big banks to credit unions, community banks, and other smaller financial unions that aren’t gambling with our nation’s future.
Now, the Credit Union National Association (CUNA) reports that a whopping 650,000 Americans have joined credit unions since Sept. 29 — the date that Bank of America announced it would start charging a $5 monthly debit fee, a move it backed down on this week.
To put that in perspective, there were only 600,000 new members for credit unions in all of 2010. “These results indicate that consumers are clearly making a smarter choice by moving to credit unions where, on average, they will save about $70 a year in fewer or no fees, lower rates on loans and higher return on savings,” said CUNA President Bill Cheney."
read more...
http://thinkprogress.org/special/2011/11/03/360804/650000-americans-credit-unions/
i remember one of the tea bag out on the care2 cause blogs saying they would never get a million people to do that.
heeeeeeeeeeeeeeeeheheheh.
Was that by the end of the year, Victoria? Because it would seem pretty clear that 650,000 in only a month would mean the number of transfers could be cut in half and still exceed a million by then.
In a small way I wish I hadn't moved my money more than 15 years ago to a really small community bank so I too could have the pleasure of sticking it to the big banks, but when the big buyouts began occurring I began moving my money before each occurred. I moved my money 4 times in less than two years. You want to know how small my community bank is?, my account numbers have only 6 digits. The bank I use is too small for the big banks to waste their time with, but I get personal service and still get all the perks the big banks once offered.
I'm fairly sure that number is at least a week old and that would mean those 650,000 transfers occurred in only one month.
By the time it is all said and done, the total is going to exceed 2 million and maybe more. People are fed up and the next big transfer date is just around the corner.
Since the politicians are not doing anything, our only options are to exercise our freedom of choice. Looks like a lot of people are,
$5.00 monthly debit fee? 
Don't you mean in addition to the 2.50 fee you get if you use a non B of A ATM? Even to check your balance? Which can in some instances put you over and start that re sequencing of checks thing...? 
As a post script...I never did get that email the person said she would send me. I guess it is thought I'm going to lick my wounds and go away. Those people seriously have me mixed up with someone else.
I went to the pay card option at work. This is scary for me as I am almost 60 and have never been without a bank. I'll adapt. I've had to adapt to many things in my life.
I guess the banks are going to do what they want to do. Some of the people are going to do what they want/have to as well. Hopefully, more will wake up to this atrocity and do as I'm doing,m or find another alternative.
Lets of people are ashamed to admit the banks are taking advantage of them in this way. I am, but my outrage overrides my embarrassment. I was talking to a coworker about this and she was like, "Oh, you too?" I had to explain we were not a minority. Banks not only use this, but add fuel to it by telling customers it's their fault, all kinds of things to make them feel bad, when in fact the banks are ripping off the little guys, us.
Did you all know there is a company called ChexSystems in which banks can put anything they wish about former customers? They can simply say you are not a good risk, and base it on nothing concrete.
https://www.consumerdebit.com/consumerinfo/us/en/index.htm
I guess it may have started out with a legitimate purpose, letting banks know about habitual bad check writers. In my opinion, now the banking system mostly uses it as a tool for abuse. If you piss them off too badly the can put negative information in there and that can and will limit or stop your ability to go to a credit union. If you are thinking of doing so, you may wish to start a credit union account prior to leacing your bank.
November 01, 2011 09:43 PM
http://videocafe.crooksandliars.com/heather/saturday-november-5th-bank-transfer-day-mo
From Democracy Now -- Move Your Money: Campaign Grows to Divest from "Too Big to Fail" Banks to Local Banks, Credit Unions:
As participants in the Occupy Wall Street movement continue protesting the record profits made by banks bailed out by taxpayer money, a group of grassroots activists are hitting America’s largest banks—including JPMorgan Chase, Bank of America and Wells Fargo—where it hurts most: the wallet. Dubbing this Saturday, Nov. 5 as "Bank Transfer Day," activists are urging people to move their money out of the banks deemed "too big to fail" into local community banks and credit unions. Bank Transfer Day draws on an idea popularized by filmmaker Eugene Jarecki, economist Rob Johnson and columnist Arianna Huffington, among others. In 2010, they created the short film called "Move Your Money," which became a viral sensation. We speak with filmmaker Eugene Jarecki.
And here's more with some info on how to find a local bank or credit union in your area:
AMY GOODMAN: An excerpt of Move Your Money. Eugene Jarecki made that film. And where are we today?
EUGENE JARECKI: Well, we’re in a wonderful new world. I mean, there is a lot of stuff happening around this country. For example, this Saturday, November 5, is the Bank Transfer Day. That’s a—I woke up one morning, read the paper that people were doing something called Bank Transfer Day. What is it? It’s a day where you move your money. You take your money out of the "too big to fail" banks that have so damaged the American people and so benefited at our expense, and you move it into small community banks, credit unions.
And there’s a way to do that. You can go to moveyourmoney.info, and you can type in your zip code, and you can learn about banks in your area that are good, that are sound, that are small, that are, you know, in the interest of your community.
But what’s amazing is, things like Bank Transfer Day, these activities that are happening, they’re happening with a life of their own. You asked me when I came on the program, am I sort of involved or responsible? No. This is happening all over the country. It’s happening in a viral kind of way, in a way that’s very hard to stop. And I think it’s because people find the idea exciting. They find it morally right. And they know it’s in the interest of the future. And they’re doing it. And I think everybody should come out on Saturday and move their money, absolutely. It’s a big deal.
AMY GOODMAN: Eugene Jarecki created the short film Move Your Money in 2010 that went viral. And now that’s what a lot of people are going to be doing this Saturday, November 5th.
i cant wait to see how many move their money.
we got a 1 percenter on board too !!
1% leaves boa
http://www.mercurynews.com/bay-area-news/ci_19258590?source=rss
this is a very cool accounting of moving their money 
The bank said "You'll be back."
from the article:
"
Today I helped my sister close (or try to close) her bank accounts at three big banks. She had an account at Wells Fargo, Bank of America and SunTrust. She had no direct deposits and no automatic drafts, so it was pretty easy for her to move her accounts. I went with her because I had to close my last Bank of America account. Below is a story of how the banksters handled it.
One thing I should probably mention is that my sister is a very successful medical doctor. She makes a ton of money. She also had a ton of money in each of these banks. She decided to close these accounts out of solidarity with OWS protesters.
At Wells Fargo, my sister walked up to the teller and politely asked to close her account. The teller said, "No problem." She pulled up her account and saw the balance and told her that due to the amount she had to speak with the branch manager. The branch manager came out. He was probably 30 years old and was very arrogant. He asked my sister why she wanted to close her account and my sister told him she thought Wells Fargo was part of the problem with the economy. He went thru some talking points about why she shouldn't move her money, but my sister didn't back down. When he asked her where she was going she told him that she would be banking at the North Carolina State Employees Credit Union. She isn't a state employee, but anyone can join if you are related to a state employee. It turns out her husband is. Anyway, the bankster told her "You'll be back. Credit unions can't provide the services you need." We'll see about that. She withdrew over $200k from Wells Fargo."
read more...http://www.dailykos.com/story/2011/11/04/1033303/-The-bank-said-Youll-be-back?via=siderec
Wow... see that's the attitude I'm talking about. This banker smugly tells her, "You'll be back they can't fullfull your needs." 
How about "we're sorry to see you go?" That at the very least?
the 401 K . Being a State Employee, I can't move it from the company it's with. I only can play with it should I so desire, such as move it around. I know very little about stocks, so it's kept in what is called an ing account which is very stable.
I was talking to a friend on the phone today. She banks at B of A, as does her mother. That check re-sequenceing thing that I am going on about? they have been hit pretty hard by that too. Particularly around their pay period. I know others where I work who've had the same problem. I can't believe no one here has not had this happen to them.
It would be great to have a "I'm leaving your bank because you cannot serve my needs by re-sequencing my checks and taking about 1/3 of my pay each month with your legalized stealing techinques...." type form letter. But I guess I am up ti the task of writung my own.
US Politics & Gov't
Robert
- 1 day ago - readersupportednews.org
CME groups lists ows as a 'risk factor' LOL !!
http://www.sec.gov/Archives/edgar/data/1156375/000119312511304112/d231771d10q.htm#toc231771_13
